Restricted Foreign Subsidiary definition

Restricted Foreign Subsidiary means a Foreign Subsidiary that is a Restricted Subsidiary.
Restricted Foreign Subsidiary means any Restricted Subsidiary that is not a Domestic Subsidiary.
Restricted Foreign Subsidiary means any Foreign Subsidiary that is also a Restricted Subsidiary.

Examples of Restricted Foreign Subsidiary in a sentence

  • For the avoidance of doubt, so long as an amount equal to the amount of Net Cash Proceeds required to be applied in accordance with Section 5.2(a) is applied by the Borrower, nothing in this Agreement (including this Section 5) shall be construed to require any Restricted Foreign Subsidiary to repatriate cash.


More Definitions of Restricted Foreign Subsidiary

Restricted Foreign Subsidiary means, as of any date of determination, a Restricted Subsidiary that is not a Restricted Domestic Subsidiary.
Restricted Foreign Subsidiary means miraDry International Sweden AB.
Restricted Foreign Subsidiary means (a) Akoya Biosciences UK Ltd. and (b) each other each direct and indirect Subsidiary of a Borrower not organized under the laws of United States or any state thereof to the extent that such Subsidiary is established primarily to create a sales office, technical support office or provide research and development services in its jurisdiction of incorporation (or region) and Agent expressly agrees, in writing, that such Subsidiary constitutes a Restricted Foreign Subsidiary.
Restricted Foreign Subsidiary means each direct and indirect Subsidiary of a Borrower not organized under the laws of United States or any state thereof unless otherwise agreed in writing by Agent, including, for the avoidance of doubt, all Excluded Foreign Subsidiaries.
Restricted Foreign Subsidiary means (a) Miramar Labs HK Ltd., (b) miraDry International Sweden AB, and (c) each other direct and indirect Subsidiary of Borrower not organized under the laws of the United States or any state thereof that Agent and Required Lenders may agree (in their sole discretion) in writing from time to time after the Closing Date to designate as an “Restricted Foreign Subsidiary” for purposes of this Agreement; unless and until such Subsidiary has been made a Credit Party hereunder in accordance with the provisions set forth in Section 4.11.
Restricted Foreign Subsidiary means (a) any Subsidiary that is a controlled foreign corporation (as defined in Section 957 of the Code), (b) any Subsidiary, substantially all of the assets of which consist of equity interests and/or indebtedness in one or more entities that are treated as a controlled foreign corporation (as defined in Section 957 of the Code), or (c) any Subsidiary owned directly or indirectly by a Subsidiary described in clauses (a) or (b) of this definition; in each case, provided that (i) the pledge of all of the Equity Interests of such Subsidiary as Collateral, (ii) the guarantee by such Subsidiary of the Secured Obligations, or (iii) the execution of a Joinder Agreement by such Subsidiary, would result in material adverse tax consequences to the Borrower (as reasonably determined by the Borrower).
Restricted Foreign Subsidiary means, at each relevant time of determination, any wholly-owned Foreign Subsidiary of the Borrower which is not a Guarantor.